The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Trailing Stop %||Date: 2/16/2014 10:18 AM|
|Author: MurrayS||Number: 74274 of 76907|
I bought AAPL in '98 for a split adjusted $8/share. Having a trailing stock would have knocked me out at around $25/share or so in 2000. Same with NFLX a few years later.
I think that would have been a bad move ;)
Reasons for selling stock:
1. The reason you purchased the stock has changed/no longer applies.
2. The stock value has become too large of a percentage of your portfolio.
3. You have a better use for the money (investment, new car, etc.)
I don't see trailing stops fitting any of those reasons.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|